https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139664356 AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company also represents an inclusive product line of advanced performance tactical military vehicles from Oshkosh Defense, LLC. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service.
Follow AmeraMex on: Twitter @ammx_intl *AmeraMex Website: www.AMMX.net & www.hamreequipment.com
January 15, 2018 8:30 am ET AmeraMex International Receives $400,000 Equipment Order
January 25, 2018 8:30 am ET AmeraMex International Receives $150,000 Equipment Order
February 26, 2018 9:00 am ET AmeraMex International Receives Orders Totaling $665,000
March 13, 2018 10:15 am ET AmeraMex International Receives Orders Totaling $520,000
March 22, 2018 11:00 am ET AmeraMex International Receives $4.25 Million Order
AmeraMex International Reports a 15 Percent Increase in Revenue for the Year-Ended December 31, 2017 and a $6.9 Million First Quarter CHICO, CA – March 30, 2018 – AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, reports results for its financial year ended December 31, 2017 and a brief overview of sales for the first quarter of 2018 ending March 31. Highlights for the Year Ended December 31, 2017: Revenue for 2017 The company reported revenue of approximately $8.8 million compared to revenue of approximately $7.5 million for the year ended December 31, 2016. Gross Profit for 2017 Increased 45 Percent The company reported gross profit of $4.3 million compared to gross profit of $2.3 million for the year ended December 31, 2016. Gross profit as a percentage of sales rose 17 percent over the previous year. Net Income The company reported net income for the year of approximately $1.7 million compared to net loss of million for the year ended December 31, 2016. Stronger Balance Sheet Total assets improved significantly due in part to an approximate $2.5 million increase of inventory. Total liabilities for the year increased $1.5 million due in part to the purchase of inventory. Audit Update The Company’s outside auditors have completed the audit of its 2016 financial statements. They are now just finishing their review of the Company’s financial statements for the year ended December 2017 and will provide AmeraMex with any adjustments required. The Company plans to file the Registration Statement with the SEC as soon as possible. Then the SEC comment process will begin. The process can last three to four months, but the Company and its service providers are committed to responding expeditiously. After the SEC comment process is completed to their satisfaction, they will declare the Registration Statement “effective” and AmeraMex will be a “fully reporting company” which is a requirement before applying to list on the OTCQB. First Quarter 2018 During the first quarter of 2018, AmeraMex has reported sales of over $6.9 million. Based on the current economic climate, management believes this positive outlook will continue to grow sales throughout 2018 and beyond. Shareholder Conference Call AmeraMex International will provide a shareholder update March 30 at 10:00 a.m. Pacific Time. The conference call dial-in number for both U.S. and international callers is 1.323.994.2083. Please dial in to the conference center five minutes before the call begins and ask the operator for the AmeraMex conference call.
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